The Role of State Corporations in the Russian Economy (as in the Case of “Rosatom” and “Rostec” State Corporations)

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Abstract

The article is devoted to the study of the role of state corporations in the economy of the Russian Federation as in the case of “Rosatom” and “Rostec”. The authors analyze the existing concept of “state corporation”, Russian and foreign practices. The article presents the results of the research of economic features based on reports published on official website of Russian state corporation, as well as prospects of Russian state corporations are identified. At the present stage of development and operation of Russian state corporations, society increasingly sees their products, but it doesn’t even suspect that these are domestic products that meet all international standards, which are also exported to many countries of the world. Products, goods and services are exported to North and South America, Europe, Central and South-East Asia, and Africa. In a relatively short period of existence and operation, Russian state corporations have increased their revenues and have made a significant contribution to the prosperity of country’s economy.

About the authors

Akmaljon S. Ergashev

RUDN University

Author for correspondence.
Email: ak.ergashev@mail.ru
ORCID iD: 0000-0000-0000-0001

Graduate of the Department of Public and Municipal Management

Miklukho-Maklaya str., 6, Moscow, Russian Federation, 117198

Elena V. Maslennikova

State University of Management

Email: maslennikova-ev@rudn.ru
ORCID iD: 0000-0001-6291-0411

PhD in Sociology, Head of the Department of State and Municipal Administration; Leading Researcher of the Center of Public Administration Technologies, Presidential Academy of National Economy and Public Administration

Ryazanskiy Prosp. str., 99, Moscow, Russian Federation, 109542

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Copyright (c) 2020 Ergashev A.S., Maslennikova E.V.

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